HM Blog
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7 Proven Commercial Lease Consolidation Strategies for Growing Companies
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Commercial lease consolidation combines multiple office locations into fewer, strategically positioned spaces to reduce costs and improve operational efficiency. As companies expand through acquisitions, return-to-office policies or market shifts, they often accumulate redundant leases that drain resources without adding value. Consolidating these leases can cut real estate costs by 20-40% while enhancing collaboration, streamlining facilities
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One of the most impactful decisions a student can make after college is selecting a career path. Stressful? Yes. Intimidating? Definitely. Life changing? Absolutely. But where do you begin? While the feat may be intimidating, the path to getting there is obvious: do absolutely everything you can now to prepare yourself for success in the future. Feeling overwhelmed? You’re not…
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We are honored to announce that Hughes Marino’s COO and Owner Shay Hughes was recently named a Women of Influence by L.A. Biz! Shay made the list along with 26 other inspirational women who have made a significant impact across Southern California. We are humbled to have Shay recognized among so many accomplished women. Each of the honorees were asked…
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To paraphrase Dr. Seuss, oh the games that landlords will play. Building measurement is one of those games. It is a complicated subject, to be sure. In this paper, I will hit the basics including BOMA, the changing BOMA Standard over time, a few key concepts and phrases and the latest strategies landlords are using to grow their buildings and…
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CBRE Group is the world’s largest “full service” commercial real estate services firm, with 70,000 employees in 400 offices and 2015 annual revenues of $10.9 Billion. Truly impressive. And problematic. You see, CBRE’s business model is to serve both property investors and the companies that occupy those investment properties. They want to represent the buyer and the seller, the landlord…
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Finding the best deal when leasing commercial real estate demands strategy. You might be a poker player who knows how to hold your cards close to your vest. Or, you may be something of a chess master, always thinking three steps ahead. Those strategies are key—but neither is more important than knowing how to read “leasing microclimates.”
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In the 2010 movie “Knight and Day” starring Tom Cruise and Cameron Diaz, one of the most memorable scenes is when Tom Cruise’s character tells Cameron Diaz’s character that her life expectancy is much higher with him than without him. Cruise uses his hand and sharply cuts the air in front of her at her waist level saying “without me”…
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Recently I had the honor of serving on a CLE panel for the Orange County Bar Association alongside fellow attorney David Wensley, managing partner at Cox, Castle & Nicholson, and my colleague at Hughes Marino, commercial real estate broker Tucker Hughes. We were invited to speak to the audience of 50+ attorneys regarding various issues in the current – and…
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Our business is built on relationships, and quality relationships are built on trust. So how do we earn someone’s trust? Not by bartering favors. A transactional relationship is based on an expectation that a favor will be returned in kind. Quid pro quo. I scratch your back and you scratch mine. In this model, if I don’t think you are…